The ability to handle auto financing online is one of the past decade’s greatest innovations for lenders. Gone are the …
WHY AUTO LOAN ONLINE APPLICATIONS HAVE NEVER BEEN MORE IMPORTANT
Over the past decade, an increasing number of buyers have turned to online resources to shop for vehicles. Though not …
TO REDUCE CREDIT RISK, TAKE ADVANTAGE OF THE LATEST LENDING INNOVATIONS
How do you effectively reduce credit risk? Some lenders use manual risk assessment tools, portfolio management spreadsheets, and even good …
MINIMIZING COMMUNITY BANK LENDING RISK DURING A FINANCIAL CRISIS
COVID-19 is redefining the notion of risk in nearly every facet of the global economy, forcing financial institutions to rethink …
HOW AUTO LOAN SERVICING OUTSOURCING CAN BE MORE COST-EFFECTIVE THAN IN-HOUSE PROCESSING
In-house processing was once one of the only effective options for banks, credit unions, and fincos to manage their lending …
THREE UNANTICIPATED AUTO LENDING TRENDS IN 2020
In late 2019 many industry publications highlighted the expected auto lending trends for 2020 anticipated by J.D. Powers, Fitch, and …
THE RIGHT SOFTWARE CAN SIMPLIFY THE LOAN ORIGINATION PROCESS FOR CREDIT UNIONS
How would you describe your loan origination process? Fast, easy, simple, competitive advantage? Or is it slow, cumbersome, confusing, and …
FINDING THE BEST LOAN SERVICING SOLUTIONS FOR COMMUNITY BANKS
Community banks have a lot on their plates. From customer service to payment processing, there are thousands of important tasks …
WHY OUTSOURCING CAR LOAN CUSTOMER CARE MAKES SENSE
Customer care is the bread and butter of the auto lending industry. While it’s important to have reliable loan origination …
WHY OUTSOURCING AUTO LOAN SERVICING MAY BE MORE COST-EFFECTIVE
Auto lenders facing the uncertainties of the current economic climate are looking for every opportunity to reduce operating costs. For …
